Clive Smaldon

Not HMRC....HMRC periodically run "campaigns" where they ask people to double check certain situations. If your letter says that if youve checked and dont need to pay then you can ignore it, then you can. Sometimes, HMRC include a cohort of people witinin the 10s of thousands they send the letters to who have dealt with it correctly. If you are certain you have dealt with the situation ok then nothing more for you to do.

https://www.gov.uk/tax-sell-home/let-out-part-of-home As you can see, the gain is over the entire period of ownership, the value when you let it out (so the gain when it was your PPR) is not separated...there are various links via that page which explains how its apporitioned

Not HMRC...the £90k is irrelevant. Starting to rent the property is not a trigger date for CGT. When you sell the property the gain is time apportioned over the entire period of ownership, i.e. total gain (including the £90k) x number of months PPR/number of months owned in total is the exempt gain, the balance is chargeable (allowing for 9 months exempt)...it is only the sale proceeds that are relevant on sale, not the value now. The ONLY way for the £90k to escape tax altogether is to sell now or if the market falls from now to sale.

Not HMRC...HMRC this is incorrect, the DTA says it is ONLY taxable in the UK, therefore, there is no tax credit to claim in the US as it is not taxable there!!

Separate box for finance cost b/fwd in same area of return re interest costs, two boxes, two figures, one for current year 24/25 and one for b/fwd

If you are a sole trader one UTR covers everything (your sole trader info goes on a normal SA return together with anything personal), you need to speak to HMRC

One doesnt replace the other...both are necessary, a sole trader (self employed) must complete CWF1 first and then complete a self assessment return.

Not HMRC...its cumulative, 91 days in the year in any home in UK (if you had retained foreign home and spent 30 days there in tax year you would not have been caught under auto test 2 as you need to meet all 3 conditions)

Not HMRC...depends on type of trust. If not a bare trust then trust will be responsible for CGT on transfer to you. If bare trust then you are liable on sale...which then determines if/how you need to report. On £50k proceeds if it was a bare trust Id still register and complete a SA return to avoid any future issues/checks, but, you can use HMRC's "real time CGT reporting" if not registering

Not HMRC...your property liability is on £18759 (£31329 less £12570), therefore the interest relief is restricted to that amount, balance cannot be relieved against other sources liable (bank interest), but can be carried forward to next year (you need to make a note to include it as a b/fwd figure)